Gerald Celente: Economic Martial Law & Precious Metals!
http://www.goldsilver.com Join host Leigh Greenberg as he speaks with Gerald Celente, publisher of the Trends Research Journal. They touch on a variety of subjects currently in the economic and social environment.
He states that the merger of state and corporate powers is ongoing and that nothing will change until citizens are ready. One example is allowing Too-Big-To-Fail banks to grow another 20% since they were declared too big.
Meanwhile, teams at Bank of America and Citibank have roughly doubled the amount of derivative contracts over the same time period, likely due to the newly tested sovereign backing. Celente goes on to say to that we do not have a representative government; unless you count that they only represent the bankers.
He cites the axiom “when the student is ready a teacher will appear,” in his disappointment in U.S. citizens throughout the election process. He defines the new term “Technocrat” as a hard, clear thinking, no nonsense, banker, [which replaces an elected leader]. Celente uses these examples:
Mario Monti — ex-Goldman Sachs, imposed as Italian ruler after Berlusconi was evicted
Mario Draghi — ECB president, ex-Goldman Sachs, ex-Italian Central Bank President
Lucas Papademos — ex-ECB Vice President, Worked for the Fed, Draghi’s college roommate
When looking to gold, it is clear that Mr. Celente loves the truth embodied in Mike Maloney’s quote, which he has been saying since 2004, “If you can’t hold it you don’t own it.” Consider who your counterparty is. If you hold dollars as your savings, that savings has a counterparty. You have made an investment in the Federal Reserve Bank.
March 14, 2012 - Posted by mosesman | Economics, Social Trends | Bailout, Bankruptcy, Collapse, corruption, Currency, Eurozone, Fascism, FederalReserve, Fraud, Gold, GreatDepression, Martial_Law, Meltdown, Silver, Terrorism, Unemployment, Unrest, US, War
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